A framework for prosumer-centric peer-to-peer energy trading using network-secure export–import limits

Md Murshadul Hoque, Mohsen Khorasany, M. Imran Azim, Reza Razzaghi and Mahdi Jalili

Applied Energy, 2024, vol. 361, issue C, No S0306261924002897

Abstract: This paper presents a new prosumer-centric peer-to-peer (P2P) energy trading framework incorporating the network-secure export–import limits, known as dynamic operating envelope (DOE), for prosumers considering their preferences to trade in the local market. In the proposed framework, a DOE-integrated energy management algorithm is developed for prosumers considering electric vehicles (EVs) charge–discharge and photovoltaic (PV) systems. The framework allows prosumers to operate within defined DOE, aligning with the preferences of EV-owning prosumers by managing the desired EV battery charge levels at their departure. An auction-based P2P energy trading mechanism for prosumers is proposed incorporating the allocated DOE to ensure secure network operation and valuing prosumers’ preferences to benefit them. The proposed framework is implemented on a 78-node low-voltage (LV) residential distribution network to evaluate its performance. The results and comparative analyses verify the effectiveness of the proposed framework in addressing network issues such as voltage and line congestion problems, meeting prosumers’ preferences in asset management, and providing benefits to all participants in the energy trading process.

Keywords: Export–import limits; Electric vehicle charge–discharge; Photovoltaic systems; Peer-to-peer energy trading; Double auction; Energy management (search for similar items in EconPapers)
Date: 2024
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Citations: View citations in EconPapers (3)

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DOI: 10.1016/j.apenergy.2024.122906

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